We have lots of experienced traders on MoneyAM who would be glad to help if you have any trading questions.

Any spread betters out there?
What happens to a spread bet when a stock goes ex dividend?
I have been long of Fleming Mercantile Investment Trust (FMN) since the beginning of April, and notice that it has gone xd. Isn't there supposed to be some sort of adjustment to the bet when this happens? I have read that if you have a spreadbet short open when this happens you have to pay the dividend, so surely if you are long you should get a favourable adjustment......but I'm not really sure how it all works. Can anyone help?
Thanks
Zoltar

afternoon everybody:
Just got back home and opened the post.
Guess what I have been sent a Contract Note by international Equity Consultants( these are the guys who rang me last week sometime trying to sell atlantic poly plants at USD 8 and who have applied for certification but are notr listed on the Yankee stock exchange as yet)
I had a phone call from them yesterday and was asked on the update on my side -I asked them to send me more info than i would make up my mind-which would be in a weeks time.

Anyway no info arrived but a Contract note for "you have bought 650 atlantic polyplants inc (common shares)reg s144 at USD 8 comm USD 50 total due in USD 5250 on or before 30th april 2004. payment to be made by telegraphic transfer to: Melon United Bank,boca raton,florida.aba nbr:067009646(swift) acct no: 0221002762. beneficiary account: Poly financial services inc: ref: IEC.

Their covering Letter has a Barcelona address.-but was posted from Taunton.It says its from their settlements dept but no signarure or name.

So guys any ideas or do i have to leave the country!!! I am absolutely fuming but am posting this in case their is a spate of this going on and nobody gets these "CON -tracts".

rgds
zarif

Dailos, the chart is showing the levels at which to go long or to short.
The price is consolidating and a breakout could occur in any direction.
If it breaks above 20,000 then is long and should be bought. If it breaks below 15,000 it is short and should be sold (or shorted).

Zoltar, your spreadbet firm should be able to help you with that question.

Share Holders Discount Benfits:
Does anyone know of a web site that lists companies and their share holders benefits, e.g. Holding shares in P&O allows a discount for channel crossings.

Zoltar, if long you usually get 90% of the divi the day it goes ex-divi, although some spreadbet firms may wait until the date the divi is actually paid. If short, the opposite.

Zarif, can't help but I would be fuming as well. Guess you have no obligation to them and it would be up to them to prove you had offered to buy which you patently haven't. Do they record telephone conversations? My guess is they'll push you as far as they can to try & get money from you - but it'll be like taking hostages. Once you've given in once there'll be no stopping them.

Marzipan, can't help on the companies front but you will need to have an account where the shares are listed in your own name rather that the more usual nominee account that most of the online brokers do, where the shares will be listed in the broker's name.

Dailos - it's a long to 20 bucks, cos the risk reward is in your favour. If it sails thru resistance then it's an add, raise the stop loss, and a long to the big number. But, you knew all that, so, whats the catch? Other than that they broke down hard, stopped the longs out, and formed lows around $6 which is where they are still trading today.

Zarif - be sure to drag the argument out.... just in case the share price rises :o)

Sorry wrong thread but morning anyway

Gausie
Sorry didnt read what this thread was about, just thought i'd ask a question to see how it was answered, didnt realise its a "help" thread.
Your answer is perfect by the way! (its the add and trail the stop most dont seem to consider).

*i see PDX are in the poo regarding the leak thursday, 2nd warning coming i suppose, i thought the news was quite good, still holding quite a few*
Have a good weekend.
d.

I Have old share certificates from 1983-1984 and the company is not listed
now, how do i find out what happened to it?

Superally

What are the company names? Some of us may know if theyve changed their names (in which case you will have shares in the newly named company), been taken over (in which case you'll be the beneficiary of whatever corporate action took place), or gone belly up (in which case - tough luck.)

The company name is W.E.NORTON(HOLDINGS)PLC
THank you for your help Superally

Just did a search at company house, and theres a company called W.E.NORTON(Machine Tools)Ltd, based in Cheshire.(Co number 00506601)- incorporated in 1952. It list its business as "other financial intermediation & other business activities" which is interesting for a company that has machine tools in it's name.

The company number will be on the share certificate - check if its the same? If not, if you post it here, I'll do a search from the company number for you.

Rudeold.I have 500k of Jus shares.Ideas?:-)

The number on my certs is 649540
Thanks Superally

Found it - I'm afraid it was dissolved in November 1996. It was called Barbican Holdings plc when it was dissolved. The records have been archived so if you want to find out more, you will need to ring the call centre on Tuesday (0870 3333636) and they may be able to tell you why it was dissolved if you're interested.

Great work Little women thanks for all your help
Superally

Thought this needed to go back ttt

What exactly does protected transaction mean on the Trades screen Just noticed a 200,000 share purchase of BPRG.

Does it mean its protected from the price dropping? -(:-<) (If only)